Britain's service sector grew more slowly than expected in November, a purchasing managers' survey showed on Thursday, but new business continued to pick up and firms were optimistic. The Chartered Institute of
The European Central Bank is set to begin the delicate process of phasing out its financial crisis support on Thursday, backed by new staff forecasts which should show greater economic optimism. With
Federal Reserve Chairman Ben Bernanke on Thursday will push back at efforts to curb the Fed's power as he goes before lawmakers considering his nomination to a second term at the central
A delegation by the Ecologists’ and Environmentalists’ Movement, headed by General Secretary of the Movement, Ioanna Panayiotou, has held a series of meetings with European Parliament officials. The delegation met Co-Presidents of
Gold hit record highs in dollar and non-dollar terms on Wednesday, demonstrating its strength irrespective of currency shifts, while copper swept to a 14-month peak with fund buying stoking interest. The glow
U.S. crude futures fell below $78 a barrel on Wednesday after industry data showed a surprise build in U.S. crude stocks, raising doubts over demand recovery in the world's largest energy user.
European Union finance ministers are on the verge of a deal to set up new super-watchdogs to police banks following the economic crisis, Swedish Anders Borg Finance Minister said on Wednesday. The
Britain appears to be emerging from recession and, although headwinds remain, policymakers need to be wary of driving up asset prices with loose policy, Bank of England Chief Economist Spencer Dale said
Interior Minister Neoclis Sylikiotis said that the adoption by the EU of a common asylum system will help small member states, such as Cyprus, which receive strong immigration pressure. In statements at
Cypriot Paraolympic gold medalist Karolina Pelendritou closed 2009 with a great sports success, at the Swimming World Championships, taking place in Rio, Brazil, with the participation of top athletes from 36 countries.
